I had applied for GST cancellation on 11 July and its more than 45 days with status still showing "pending for processing". A week before that I got a notice from the Tax department about return filing. It stated, if no response or return is filed till July 13, the GST registration will be canceled, but still I am shown as an active taxpayer and can login into my account. I haven't filed a single return from July last year.
I sell products on Amazon as a merchant. The business never took off and there were losses everywhere with Amazon high fees and returns. Hence I stopped caring or getting new products and just waiting to finish the available inventory. There have been neglible sales and transactions.
I just want to get out of all this without paying anything more. The VAT number cost me 40K, then loss of time and money products on Amazon. Already truncated, have no money. Please suggest or help.
CAclubindia
